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Vic.ai is a New York based artificial intelligence company that develops AI powered financial and accounting systems. Vic.ai's system, developed to assist accounting departments, automates daily accounting routines and provides data based accounting advice to client companies. The company describes its systems as an "AI Accountant". The company also has offices in Oslo, which houses its engineering and development team, and South Florida.
The company has created a proprietary language independent document interpretation technology that utilizes computer vision and image classification. Their systems can automate bookkeeping through algorithms supported by machine learning. Their systems have trained on over one-hundred million real accounting transactions.
The company was co-founded in 2016 by Rune Løyning, Alexander Hagerup, and Kristoffer Roil. In 2019, Vic.ai announced that it has secured $11.2 million in Series A funding. It's Series A investors included Cowboy Ventures and Connectivity Ventures Fund.
